Infinities Tech (01961) announced its interim performance for the six months ended June 30, 2023, during which the Group achieved...
According to the announcement, the average revenue per paying user for the gaming business increased from approximately 114.9 yuan in the first half of 2023 to approximately 176.8 yuan in the first half of 2024. This increase is mainly attributed to the stronger player payment attractiveness of the star game products operated during this period.
The revenue generated by the Group's digital media content distribution increased by approximately 31.4 million yuan, or 66.8%, from approximately 47.1 million yuan in the first half of 2023 to approximately 78.5 million yuan in the first half of 2024. This increase is mainly due to the more stable development of the advertising distribution service business compared to the same period last year, with revenue doubling; and the development of new artificial intelligence applications and related services in this period.
The Infinites Tech (01961) announced its interim performance for the six months ended June 30, 2023, during which the Group achieved revenue of 0.134 billion yuan (RMB, same below); gross profit of 21.147 million yuan; and R&D expenses of 16.045 million yuan, an increase of 31.64% compared to the previous year.